McBride: Some mortgages could see "nasty increase" episode artwork

EPISODE · Oct 9, 2008 · 3 MIN

McBride: Some mortgages could see "nasty increase"

from MarketWatch Real Estate Round-up · host MarketWatch.com

Greg McBride, senior financial analyst with Bankrate.com, tells Nancy Lyons that savers are "getting thrown further under the bus." McBride says if you have a mortgage pegged to the treasury, it'll go down, but LIBOR-pegged mortgages may see a nasty increase.

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